Cognition, Rationality, and Institutions

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Product Information

ISBN9783642641244
PublisherSpringer-Verlag Berlin and Heidelberg GmbH & Co. KG
Price (excl. tax)€56.51
Tax€3.39
Price (incl. tax)€59.90
Availability1 unit in external warehouse

Product Description

Cognition refers to the process of how men perceive and process information, whereas rationality refers to how these processes are modelled. This book explores what institutional economics can learn from cognitive psychology regarding the proper modelling of rationality in order to explain institutional change.